Nigeria - Exports of goods and services (constant LCU)

The value for Exports of goods and services (constant LCU) in Nigeria was 16,586,900,000,000 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 22,710,400,000,000 in 2019 and a minimum value of 4,039,100,000,000 in 1983.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1981 4,885,460,000,000
1982 4,374,690,000,000
1983 4,039,100,000,000
1984 4,454,090,000,000
1985 4,831,120,000,000
1986 4,400,660,000,000
1987 4,638,830,000,000
1988 4,778,500,000,000
1989 6,203,880,000,000
1990 5,928,110,000,000
1991 6,406,090,000,000
1992 4,707,290,000,000
1993 5,585,110,000,000
1994 5,711,420,000,000
1995 5,221,590,000,000
1996 4,653,580,000,000
1997 6,882,830,000,000
1998 7,026,450,000,000
1999 6,270,920,000,000
2000 7,102,010,000,000
2001 5,424,540,000,000
2002 6,055,280,000,000
2003 7,954,280,000,000
2004 7,878,340,000,000
2005 8,853,250,000,000
2006 15,083,800,000,000
2007 12,526,900,000,000
2008 17,968,300,000,000
2009 12,574,600,000,000
2010 14,013,800,000,000
2011 17,628,400,000,000
2012 16,995,700,000,000
2013 13,301,400,000,000
2014 16,505,100,000,000
2015 16,519,700,000,000
2016 18,424,700,000,000
2017 20,034,900,000,000
2018 19,752,300,000,000
2019 22,710,400,000,000
2020 16,586,900,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts